Lead prices softened by 0.18 per cent to Rs 135.80 per kg in futures trading today as traders reduced their exposures, driven by tepid demand demand at spot market.
At the Multi Commodity Exchange, lead for delivery in May declined by 25 paise, or 0.18 per cent, to Rs 135.80 per kg, in a business turnover of 4,702 lots.
Likewise, the metal for delivery in June traded lower by a similar margin to Rs 136.90 per kg in 790 lots.
Analysts said trimming of positions by speculators owing to slackened demand from consuming industries in the spot market, mainly helped lead prices to trade lower at futures trade.
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